9022 Compton Avenue, Los Angeles, California, United States, 90002
975,000
for Sale
About the property:
Great development opportunity in a high-demand South Los Angeles corridor. 6,414 SF lot zoned Commercial/Mixed-Use per Specific Plan, offering strong multifamily redevelopment potential. The site is currently improved with a 3,178 SF structure; however, the primary value is in the land. Preliminary concept plans propose a 5-story, 100% affordable multifamily project with up to 39 units, including a mix of one-bedroom, two-bedroom, and studio units, leveraging AB 2345 and transit-oriented incentives. No on-site parking required per AB 2097. Plans have been prepared by a licensed architect and submitted for preliminary planning review; buyer to continue entitlement process. Strategically located near the Firestone, Florence, and Slauson Metro Rail Stations, supporting higher-density infill development. Buyer to independently verify zoning, density, incentives, and all development assumptions. Property sold AS-IS for land value.
- Property Type:
- Commercial Sale
- Status:
- for Sale
- Square Feet:
- 3178
- Heating Type:
- 0
- Directions:
- Compton Ave, north of E Manchester Ave and south of E 92nd St.
- Is Bed:
- Yes
- Is Land:
- Yes
- Is Mix:
- Yes
- Is Parking:
- Yes
- Is Unit:
- Yes
- Listing ID:
- 26674001
Rooms
Dimensions
Brokered by:
Beverly & Co.
Presented By: